5/26 Forex

Three new breakouts among the 124 currency pairs I follow.

sym	phase	adx	bday	blevel	stop	atr	atr%
CAD/CHF		20	may26	SFr0.8871	SFr0.8978	0.0107	1.2%
GBP/CZK		28	may25	Kč28.485	Kč28.147	0.338	1.2%
NZD/HKD		19	may26	HK$6.3039	HK$6.2220	0.0819	1.3%

The CAD/CHF breakout comes after an extensive pullback within a price channel bear phase that began on May 4.

NZD/USD is within a few pips of a breakout. The pair has a long carry bias of 270 basis points. If it should break out today, here’s what the analysis would look like:

sym	phase	adx	bday	blevel	stop	atr	atr%
NZD/USD		18	may26	US$0.8120	US$0.8015	0.0105	1.3%